Flipkart seems to have turned a corner as far as its valuation by investors is concerned. After Fidelity had raised its valuation by 2.7% two weeks ago, Flipkart has now had its valuation raised by mutual fund investor Valic, this time by 10%.
Care24, a SAIF Partners-backed startup, has fired around 20 people from its Powai office.
Managers tend to blame their turnover problems on everything under the sun, while ignoring the crux of the matter: people don’t leave jobs; they leave managers.
Seeing the growing interest in the startup ecosystem in India, the US-based online platform for venture capital, AngelList, is making its foray into the country.
Xiaomi Vice President Hugo Barra put up a video showing him planking while promoting the Redmi 3S. He also challenged InMobi CEO Naveen Tewari to follow suit, and he complied.
This is the usual startup lifecycle, but on crack. Jet.com was founded in late 2014. It became a unicorn in 2015, hitting a valuation of $1 billion 4 months after its launch. And today, it was acquired by Walmart for $3 billion.
When the hashtag #FirstSevenJobs started trending on Twitter in which people shared what their first seven jobs were, entrepreneurs also chimed in. And it made for fascinating reading.
Orkut Buyokkoten, the co-founder of the eponymous social network Orkut has co-founded Hello, a social network based on common interests, almost 5 years after Orkut was deprecated by Google. Hello is based on connecting people based on their passions and shared interests.
Days after the Didi-Uber deal, Uber has cut back on its subsidies and discounts in China.